Ethic Inc. Purchases 17,254 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Ethic Inc. increased its stake in Norwegian Cruise Line Holdings Ltd. by 84.1%, acquiring an additional 17,254 shares, bringing its total to 37,772 shares worth approximately $720,000.
• Norwegian Cruise Line's latest quarterly earnings fell short of estimates, with earnings per share (EPS) reported at $0.51, missing the consensus estimate of $0.52.
• Institutional investors own 69.58% of Norwegian Cruise Line's stock, indicating strong institutional interest in the company.

Ethic Inc. raised its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 84.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,772 shares of the company's stock after purchasing an additional 17,254 shares during the period. Ethic Inc.'s holdings in Norwegian Cruise Line were worth $720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. New Age Alpha Advisors LLC bought a new stake in shares of Norwegian Cruise Line during the first quarter valued at approximately $33,000. Versant Capital Management Inc lifted its holdings in shares of Norwegian Cruise Line by 147.7% during the 1st quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock worth $36,000 after acquiring an additional 1,121 shares during the period. Raiffeisen Bank International AG bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth about $40,000. Bogart Wealth LLC lifted its holdings in shares of Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock worth $42,000 after acquiring an additional 2,024 shares during the period. Finally, LRI Investments LLC bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth about $47,000. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Trading Down 2.4%

Shares of NCLH stock opened at $23.8350 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a market capitalization of $10.77 billion, a P/E ratio of 16.44, a P/E/G ratio of 1.11 and a beta of 2.24. The firm has a 50-day moving average price of $22.33 and a 200 day moving average price of $20.73. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the business earned $0.40 earnings per share. The company's revenue for the quarter was up 6.1% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

NCLH has been the subject of a number of analyst reports. Jefferies Financial Group raised their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Susquehanna raised their price objective on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Northcoast Research initiated coverage on shares of Norwegian Cruise Line in a report on Friday, April 25th. They set a "buy" rating and a $21.00 price objective for the company. UBS Group reduced their price objective on shares of Norwegian Cruise Line from $29.00 to $23.00 and set a "neutral" rating for the company in a report on Monday, June 30th. Finally, Argus reaffirmed a "hold" rating on shares of Norwegian Cruise Line in a report on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Norwegian Cruise Line has a consensus rating of "Moderate Buy" and an average target price of $27.20.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.

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